Gold is set for a third weekly drop, the worst run in five months, as investors weigh goodwill measures on trade from China and the U.S. against fresh stimulus from the European Central Bank and prospects for another U.S. rate cut next week. Palladium fell after hitting a record Thursday.
Spot gold little changed at $1,499.41/oz at 7:13am in London; -0.5% this week. Bloomberg Dollar Spot Index -0.1%.
Trump administration officials have discussed offering a...

Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb.
Gold pared some of its earlier gains then turned lower after data Friday revealed that the University of Michigan consumer sentiment index rebounded to 92 in September from 89.8 in August. U.S. business inventories also increased by 0.4% in July and U.S. retail sales rose 0.4% in August.
December gold on Comex lost $7.90, or 0.5%,...

U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day.
The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219, based on preliminary numbers.The Nasdaq Composite fell 0.2% to end near 8,177.
The blue-chip Dow clinched its seventh consecutive gain, its longest such streak since 2018. Both the Dow and the...

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week.
The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69.
Source : AFP

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week.
The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69.
Source: AFP

Oil held a loss as an escalating U.S.-China trade war jeopardized the demand outlook, while the rising risk that geopolitical tension in the Middle East will disrupt crude flows prevented further declines.

Futures in New York edged higher after closing down 1% on Monday. The U.S. released a list of about $300 billion of Chinese goods that it™s threatened to hit with a 25% tariff after China announced retaliatory levies on about $60 billion of U.S. imports. Another oil tanker was damaged while at anchor in the United Arab Emirates, following a spate of attacks on crude carriers on Sunday, adding to an already tense situation in the Persian Gulf.

West Texas Intermediate crude for June delivery rose 10 cents, or 0.2%, to $61.14 a barrel on the New York Mercantile Exchange at 10:21 a.m. in Singapore after falling as much as 0.5% earlier. The contract closed 62 cents lower at $61.04 on Monday.

Brent for July settlement added 5 cents to $70.28 a barrel on the London-based ICE Futures Europe exchange after losing as much as 0.4% earlier. The global benchmark contract is trading at a $8.98 premium to WTI.

Oil futures finished lower on Friday, with both U.S. and international benchmark crude posting sizable weekly falls as worries about the prospect of rising inventories appeared to overshadow a U.S.-Ch...

Oil futures inched higher Friday, but both U.S. and international benchmark crude were headed for sharp weekly falls as worries about the prospect of rising inventories appeared to overshadow a moment...

Oil futures fell on Friday as concerns about global growth and slowing demand lingered despite hints of progress on U.S.-China trade talks, setting up prices for weekly losses after days of swinging b...

Barely a week after appearing like they'd won the market back, oil bulls were at a loss again on Thursday as crude prices tumbled for a third-straight day on concerns that sanctioned Iranian supplies ...

Gold is set for a third weekly drop, the worst run in five months, as investors weigh goodwill measures on trade from China and the U.S. against fresh stimulus from the European Central Bank and prospects for another U.S. rate cut next week. Palladium fell after hitting a record Thursday.
Spot gold little changed at $1,499.41/oz at 7:13am in London; -0.5% this week. Bloomberg Dollar Spot Index -0.1%.
Trump administration officials have discussed offering a...

Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb.
Gold pared some of its earlier gains then turned lower after data Friday revealed that the University of Michigan consumer sentiment index rebounded to 92 in September from 89.8 in August. U.S. business inventories also increased by 0.4% in July and U.S. retail sales rose 0.4% in August.
December gold on Comex lost $7.90, or 0.5%,...

U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day.
The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219, based on preliminary numbers.The Nasdaq Composite fell 0.2% to end near 8,177.
The blue-chip Dow clinched its seventh consecutive gain, its longest such streak since 2018. Both the Dow and the...

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week.
The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69.
Source : AFP

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week.
The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69.
Source: AFP